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Thread: White House Concedes on Upper Income Tax Cuts

  1. #51
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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Whovian View Post
    You mean....Score one for the wealthy. Oh...I guess almost the same thing.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Goobieman View Post
    The only meaningful way to address run-away spending is to address the area in which spending is runnign away -- that is, entitlements.
    Ah..."entitlements". I guess it's "entitlements" when it's for others but it's a "right" when it's to your own benefit?

    All tax cuts should be done away with then. For all income levels.

    Taxes should be increased to create revenue to pay down the deficit.

    Public schools are entitlements, hey not everybody went to school 300 years ago right?

    We don't need roads either, third world countries operate just fine without them.

    Financial aids and grants should all be abolished. Who needs college anyways.

    State fundings should be cut or done away all together. The citizens can pay for their own services.

    Do away with Medicare and Social Security entirely. They're all "entitlements" anyways right?

    No need for such an extensive millitary, follow the lead of Canada!


    Hmmm...sounds like North Korea is your ideal country then (except for the millitary part).



    It works better than taking money from those that create jobs thru the production of wealth and redistributing it to those that produce nothing.
    "It works better?" Where did you get that from? If it "works better" then the economy would not be in the state that it's in now. So obviously it doesn't "work". I'm simply telling you what is.


    Nobody "creates" wealth by waving a wand. That is a rather ignorant assumption. Wealth is created through an economy that's running smoothly and efficiently. The poor/middle class/upper middle class produce more value than the rich compared to what they're paid. The problem is that people are paid based on merit and not value.

  3. #53
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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by TurtleDude View Post
    people who aspire to be wealthy might not get there but they are better than the tapeworms who won't try but want others to feed them. anyone who desires to be a winner sure won't support laws or politicians who have waged jihad against success
    Nothing wrong with people who aspire to be wealthy. What I have an issue with are those who are already wealthy, and choose to be tapeworms, becoming part of the newest class of Americans - Those who squandered what they have, and become welfare queens, at the expense of the rest of us, all because they have political connections. These, of course, are the corporate welfare queens, supported by Republican and Democratic politicians alike, who continue to give them their wine and caviar, after they have run their businesses into the ground, while telling the rest of us to eat crap.

    Class war? Not really. It's a war committed against mainstream America by the classless robber barons.
    Last edited by danarhea; 11-12-10 at 01:45 AM.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Whovian View Post
    Yup score one for the GOP. They won. And now America loses. Thanks GOP!
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

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    Re: White House Concedes on Upper Income Tax Cuts

    Hm...its the richest people in this country who pay most of the taxes, so if over the years they want to repay the hundreds billions of dollars that we are going to have to borrow from China in order to finance allowing the richest people to keep 100K of their money, then fine. Oh wait, no they are just gonna raise prices over time and pass the buck down to the middle class like they always do.

  6. #56
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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by disneydude View Post
    You mean....Score one for the wealthy. Oh...I guess almost the same thing.
    Ahhhhhhhhhhhhhh...

    Another class-warfare soldat spouting ObaMarx's Second and Third Rule:
    RULE 2:

    Punish thy American enemies...
    Wealthy, Bitter Clingers, Tea Party Activists, Rightward leaning public figures.

    RULE 3:

    Punish the American wealth creators...
    The true Spirit of Amerika.

    .
    Last edited by zimmer; 11-12-10 at 05:21 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  7. #57
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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by The Prof View Post
    you failed to paste the link until now

    look at option one, the zero option, as reported by the spin artists (LOL!) from abc:

    The President's Debt Commission Proposal



    either way, touching the mortgage deduction, especially in times like these, with this housing market, is non starter

    as is the limiting of write offs for charitable giving

    as is a 15 cent increase in the federal gas tax

    as is the elimination of the deduction for state and local taxes

    why, catch the uptake from the palsied speakeress and the afl-cio's trumka, again, via tapper:



    admittedly, the speakeress and the boss are coming at bowles-simpson from a radically different perspective than you and i

    however...

    it is what it is

    even undoing deductions for home equity borrowing is a bust

    sorry
    Sigh, even the zero plan gives the option to add back some of those tax deductions, I would think the mortgage deduction would be one of the first ones on the table since it's such a hot topic. But of course, your are correct that it is a possibility in the zero plan. I didn't post the link until now because it is available on about three different threads in this forum, didn't want to be redundant until necessary.

    Overall, there are compromises that neither side likes. Yes, it does raise taxes but it reduces expenses by three times the amount that taxes will be raised.

    The president's deficit commission: Nice try | The Economist

    This is an ambitious response to Americaís fiscal woes, perhaps overly so. Some Democratic members balked at the draft, which cuts spending three times as much as it raises taxes. Republicans were only a bit more open minded. The snag is that at least 14 of the commissionís 18 members, of whom 12 now serve in Congress, must approve it before it can be sent to the Hill. This will be tough, presaging a vicious fight if any of the proposals do reach the floor of Congress.
    Seems like a fairly realistic proposal to me overall. We are not going to get there by just reducing entitlements.

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    Re: White House Concedes on Upper Income Tax Cuts

    So Obama is going to extend the Bush tax cuts.

    All I read is bitching about it by the GOP. Bitch if he doesn't extend, and bitch if he does. Stop crabbin and help build the cabin, for Christ's sake!
    Quote Originally Posted by Northern Light View Post
    The systems that ensure freedom and liberty are breaking down and fundamentalism is growing. Nobody is righteous anymore.


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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by zimmer View Post
    Ahhhhhhhhhhhhhh...

    Another class-warfare soldat spouting ObaMarx's Second and Third Rule:

    Wealthy, Bitter Clingers, Tea Party Activists, Rightward leaning public figures.



    The true Spirit of Amerika.

    .


    I thought you would enjoy that.

  10. #60
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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Taylor View Post
    No... the only way to the balance the budget is to reduce spending. Raising taxes would offset a small portion of our excesses, but would fall far, far short of "meeting budget challenges." Raising taxes would also slow what is already an anemic recovery.
    People like chappy are seduced by the Darth Democrats by social(ist) spending. those who suckle on the public teat want the hard working net tax payers to be milked more rather than having the teat run dry



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